In more than 40 episodes spanning 75 years, equity and bond fund investors have defied predictions that they would panic and spark crises. Yet banking regulators won’t let go of their “run” scenario. Why?

Archives for Thomas Klau

FRANCE and Germany this week launched a process of cooperation designed to ensure that the EU’s two most powerful members approach next year’s Intergovernmental Conference (IGC) with a common strategy.

FACED with an unprecedented slump in the opinion polls and a series of electoral disasters, the German Social Democrats’(SPD) divided leadership is seriously considering making plans for monetary union a central issue in the 1998 parliamentary election.

THE unanimous endorsement by German Chancellor Helmut Kohl’s ruling Christlich Demokratische Union (CDU) party of ever closer integration within the European Union has set down one of the parameters for next year’s renegotiation of the Maastricht Treaty.